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Greg Abbott: “Loans are made, loans are repaid, and that money is…”

Featuring: Greg Abbott, Republican | Governor of Texas

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Governor Greg Abbott Signs Historic Texas Water Infrastructure Bills at Synflo in Lubbock

Published | Video Starts at 19:20

This is a conversation changer because the way this operates, it provides a billion dollars a year for 20 years. And as Senator Perry Articulated, it's evergreen in the sense that Loans are made, loans are repaid, and that money is reinvested in other projects. And so what we did, we gave a big push to the process of building out all these water projects that will remain in perpetual motion for literally decades. (19:20–19:25)

CLAIM

Asserts that the initiative involves a revolving loan system for reinvestment in projects.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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